Burberry argued last month that Bailey's pay is in line with other luxury–goods companies. Prada's Miuccia Prada reportedly earned £11.7m in 2013. Asked at the AGM whether he would return some of the shares, Bailey said: "It's not about giving …
“The rapid growth of Starwood's luxury brands in China reflects the robust demand for high-end hospitality from an increasingly affluent market, where domestic travel continues to thrive,” said Qian Jin, Greater China's president of Starwood Hotels …
… be an integrated media platform for the luxury market.” Luxury-Insider.com is ranked among Singapore's top online magazines according to recent media reports, and it enjoys a leading market share in digital advertising among major global luxury brands.
When Burberry opened a Tmall storefront this year, it was seen as a breakthrough victory for Alibaba's ambitions to have more luxury brands on board. But Burberry's debut, at least, wasn't jaw-dropping. In the initial 18 days, the Burberry Tmall site …
Analysts said the move in the single currency would be a tailwind for a luxury goods companies' earning and stocks. "LVMH in the spring had a tough earnings report and that came from the very strong euro. We think this is totally going to change now …
To understand why Volkswagen Group is one of the world's most profitable car companies, one need only look at the product cadence for Audi and Porsche. The two luxury brands, whose profit margins exceed 10 percent, deliver more than half the group's …
The deal – biggest in the cruise industry since Carnival Corporation acquired P&O and Princess in 2003 – expands Norwegian's scope by adding two luxury brands to its mainstream, family-friendly offering. If Sheehan had simply wanted to add 6,500 berths …
The Bund in Shanghai has lost its charm for luxury brands and has been transforming its business model to host restaurants and fast fashion outlets for its survival, reports Shanghai's National Business Daily. Many of first-floor stores on Shanghai's …
… Google Adwords keywords service helped counterfeiters sell their products on the back of LVMH brands. LVMH is a leading group in the growing, global market for luxury products, but faces the mounting problem of copycat products sold at huge discounts.